News
De-valuate The Naira Now – European Union (EU)
European Union (EU) official Fillippo Amato, Amato, Counsellor, Head of Trade and Economics Section of EU yesterday advised the Federal Government to devalue the Naira to help overcome economic recession.
He revealed this in an interview with(NAN)
He said:
“To come out of recession, the country has to take brave decisions, regardless of how unpopular they may be such as fully and effectively devaluing the Naira.
“Devaluing the Naira is a measure, which will finally reassure investors and attract new capitals to the country.
“At the same time, it will further reduce imports, thereby removing artificial forex restrictions, and removing any potential waste of scarce resources such as the fuel subsidy.
“Improving security (in the Northeast and Niger-delta) and ease of doing business are also key factors on which the government must urgently work to re-launch the economy,’’ he said.
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
Ademola Lookman presents 2024 CAF Player of the Year award to President Tinubu and Governor Sanwo-Olu
Super Eagles forward Ahmed Musa marries fourth wife
